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•We welcome senate’s passage of Petroleum Industry Governance Bill, but … ALMOST 19 years after the process started, the Senate finally passed one leg of the five-part composite Petroleum Industry Bill – thePetroleum Industry Governance Bill, (PIGB) on May 25. First introduced in 2008, due credit goes to the current ...

By Kayode Tokede, Lagos The intervention of the Central Bank of Nigeria (CBN) in the foreign exchange market in 22 weeks has risen to N7.13 billion. The apex banking regulating body last week sold $482.60 million at the interbank window in a bid to bridge the gap between the parallel ...

By Kayode Tokede, Lagos This year marks 12 years Central Bank of Nigeria (CBN) directed Deposit Money Banks (DMBs) in the country to have a minimum capital base of N25 billion. This led to a lot of consolidation in the banking sector as some banks failed the re-capitalisation exercise introduced ...

A draft proposal by the bourse would allow limited partnerships like those used in oil exploration to invest in foreign film and television productions

Members of the committee flew to Washington to discuss with their American contemporaries US-Israel relations and the US's backing of Israel in the ever-volatile Mideast.

La economía avanza a un ritmo superior al 3 por ciento, el paro baja con intensidad y el déficit se reduce. Lentamente, pero se reduce. Todo apunta a que el único gran desequilibrio al que va a hacer frente España a lo largo de los próximos años es el ingente ...

Recap: Asian and European stocks rallied after a record-breaking run on Wall Street, propelled by American hiring data that bolstered confidence in the global economy. Japan's Nikkei ended Friday above 20,000 for the first time since December 2015. Oil headed for a three-week low, however, capping gains on the energy-heavy ...

PAPAMOA man Kevin Allen has been made a Member of the New Zealand Order of Merit for his services to people with brain injuries.Mr Allen had contributed to the insurance industry and supported charitable organisations, particularly...

Lufthansa Group and Swiss International Air Lines (Swiss) have announced additional flights to Nairobi.

Climb into $50 a barrel territory good news for Kenya as it readies for first export later this month.